Price-hike slowdown: Armenia inflation shows “normal=?UTF-8?B?4oCd?= February

Summing up data of the first two months of 2012 the National Statistical Service of Armenia (NSS) reports, that inflation was only 0. 9 percent in February, compared to 3.6 percent in January – a figure that "is normal for Armenia's consumer market" over the past 20 years according to Gurgen Martirosyan head of the Price Statistics and International Comparisons Division of NSS.

"The high inflation rate in January is determined by the price hike in some agricultural products and food ahead of the holiday period during the last ten days in December, and the National Statistical Service includes the data of the last 10 days of December in the data of January," Martirosyan said at a press conference on Tuesday  Read more... (205 words)

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